Gujarat govt signs 39 more MoUs during 10th VGGIS

10 Jan 2022 CW Team

Ahead of the 10th Vibrant Gujarat Global Investor Summit (VGGIS), the government of Gujarat signed 39 more Memorandum of Understanding (MoUs).

The MoUs are related to renewable energy, ports, green hydrogen, pesticides, synthetic chemicals, education and training and research.

Its sixth and final tranche of MoUs ahead of VGGIS is between 10-12 January.

Before the VGGIS, the government had signed 135 MoUs worth more than Rs 60,000 crore. For the last two tranches, the government has not enclosed the financial details of the MoUs.

Shree Cement had signed an MoU with the Gujarat government to set up an integrated cement plant, a captive jetty, a cement grinding unit and captive solar projects in Lakhpat, Kutch.

Shree Rama Newsprint has planned to set up an agro-processing plant with 20,000 tonnes per day capacity to crush maize in Surat.

Madura Carbon India has shown interest in carbon production in Valsad, while DCM Shriram has zeroed its carbon production on the manufacturing of its special chemicals in the Bharuch district.

Baroda Rayon Corporation Limited has signed with the government an MoU for 15,000 tonnes per annum (TPA) viscose filament yarn and 6,600 TPA caustic soda manufacturing in the Dahej district.

Alembic Pharmaceuticals signed an MoU for expanding its synthetic organic chemical plant in the Bharuch district. Hettich Group, a furniture fittings manufacturer, has signed an MoU through Hettich India to produce Quadro channels in Vadodara.

Ambica Steels signed an agreement for a greenfield integrated stainless steel plant of 20,000 TPA in Kutch.TN India Private Limited will set up a chrome steel bolts manufacturing plant, while Vishakha Group is interested in setting up a solar module component production facility in Kutch.

Image Source

Real Estate

11 May 2026

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..